Apparently after all the rumours about Spyro being remastered, it seems like that finally might just come true.
According to the source from (Kotaku) Spyro Trilogy Remaster Coming to PS4 This Year | Kotaku UK
There are plans to release a remaster of such games as Spyro The Dragon, Ripto's Rage! and Year Of The Dragon for the Q3 of 2018 for the PS4.
As stated "Much like the highly successful Crash Bandicoot N. Sane Trilogy, the remaster will feature new assets, lighting, animations and cinematics, as well as a remastered soundtrack." More info can be found in the source from Kotaku.
Update: Spyro The Dragon has officially been announced by Activision, as of April 5th.
Just like Crash Bandicoot N Sane Trilogy, Spyro is a remake and not a remaster.
The new remake will be named Spyro Reignited Trilogy.
The game will launch this November, for Playstation 4 & Xbox One.